Shares of Brandywine Realty Trust (NYSE:BDN) reached a new 52-week low on Thursday . The company traded as low as $14.85 and last traded at $14.81, with a volume of 35802 shares traded. The stock had previously closed at $15.08.
A number of analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Monday, October 8th. ValuEngine downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, October 3rd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. Brandywine Realty Trust presently has a consensus rating of “Hold” and a consensus target price of $18.00.
The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.85 and a current ratio of 2.85. The stock has a market capitalization of $2.81 billion, a price-to-earnings ratio of 11.08, a P/E/G ratio of 2.05 and a beta of 0.92.
Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings results on Thursday, July 19th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.27). Brandywine Realty Trust had a return on equity of 8.38% and a net margin of 28.08%. The company had revenue of $133.80 million for the quarter, compared to analyst estimates of $136.68 million. During the same period in the previous year, the business posted $0.32 EPS. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. Research analysts anticipate that Brandywine Realty Trust will post 1.37 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 18th. Investors of record on Thursday, October 4th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 4.96%. The ex-dividend date of this dividend is Wednesday, October 3rd. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently 54.96%.
In related news, insider Tom Wirth sold 3,000 shares of the firm’s stock in a transaction on Wednesday, August 1st. The stock was sold at an average price of $16.52, for a total transaction of $49,560.00. Following the transaction, the insider now directly owns 145,316 shares in the company, valued at $2,400,620.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James C. Diggs sold 5,234 shares of the firm’s stock in a transaction on Thursday, July 26th. The stock was sold at an average price of $16.09, for a total value of $84,215.06. Following the transaction, the director now owns 39,734 shares in the company, valued at $639,320.06. The disclosure for this sale can be found here. Insiders have sold 43,234 shares of company stock worth $710,625 over the last 90 days. 1.84% of the stock is currently owned by company insiders.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Qube Research & Technologies Ltd bought a new position in Brandywine Realty Trust during the second quarter worth $103,000. Tower Research Capital LLC TRC lifted its stake in Brandywine Realty Trust by 488.1% during the second quarter. Tower Research Capital LLC TRC now owns 7,198 shares of the real estate investment trust’s stock worth $122,000 after purchasing an additional 5,974 shares during the last quarter. First Bank & Trust lifted its stake in Brandywine Realty Trust by 136.5% during the second quarter. First Bank & Trust now owns 8,577 shares of the real estate investment trust’s stock worth $145,000 after purchasing an additional 4,950 shares during the last quarter. NumerixS Investment Technologies Inc lifted its stake in Brandywine Realty Trust by 350.0% during the second quarter. NumerixS Investment Technologies Inc now owns 10,800 shares of the real estate investment trust’s stock worth $183,000 after purchasing an additional 8,400 shares during the last quarter. Finally, Fox Run Management L.L.C. bought a new position in Brandywine Realty Trust during the third quarter worth $184,000.
Brandywine Realty Trust Company Profile (NYSE:BDN)
Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia, Washington, DC, and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 184 properties and 25.3 million square feet as of June 30, 2018, which excludes assets held for sale.
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